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Terex Reports Strong Q4 2024 Financial Results

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Terex Reports Strong Q4 2024 Financial Results

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Terex ( (TEX) ) has provided an announcement.

In its financial results for the fourth quarter and full-year 2024, Terex reported full-year sales of $5.1 billion and adjusted earnings per share of $6.11. The company declared a quarterly cash dividend of $0.17 per share. Despite challenges from industry-wide channel adjustments, Terex’s Environmental Solutions Group (ESG) contributed strongly in the fourth quarter, following its acquisition on October 8, 2024. Looking to 2025, Terex expects net sales between $5.3 and $5.5 billion and earnings per share between $4.70 and $5.10, as it continues to integrate ESG and anticipate growth in its Utilities segment.

More about Terex

Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry.

YTD Price Performance: 7.79%

Average Trading Volume: 710,389

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $3.21B

For detailed information about TEX stock, go to TipRanks’ Stock Analysis page.

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